Others are more patient, preferring to wait for the lower-cost option.Which camp do you fall into?

It’s great that you’ve built such a strong knowledge base early on.

Hi @Tajana Reagan do you still need help on this?

@Don Konipol I heard it as the 100 house rule.

@Jeremy Horton You do have a solid argument.

Hey there.I currently invest in SFR houses in Memphis, TN that I rehab and rent, I came across a pretty good deal in Midtown Memphis (pretty close to overton park - pretty good location in 38104 zip code), however, its a multifamily - I heard some people talking badly about them in Memphis, so was wondering - is it worth it?

Newer investor here and wondering if this is a decent deal. Let me know your thoughts!View report
*This link comes directly from our calculators, based on information input by the member who posted.

If I were a lawyer I would tell every investor with one rental to do the same thing probably. 

Excited to see where you take it.

Market rent looks to be about $1,800, so it technically covers the mortgage, but once you add management, maintenance, reserves, etc. the numbers get real thin.So here’s my question: do I hang onto it for a few years, maybe lose a little each month and hope rates drop so I can refi and cash flow better down the road?